Tag: Finance Ministry

Special Liquidity Scheme for NBFCs and HFCs
LimeLight

Special Liquidity Scheme for NBFCs and HFCs

SMEStreet Desk- July 1, 2020

RBI will provide funds for the Scheme by subscribing to government-guaranteed special securities issued by the Trust. The total amount of such securities issued outstanding ... Read More

File NIL GST Statement in Form GSTR-1 Through SMS: Finance Ministry
GST, Banking & Finance

File NIL GST Statement in Form GSTR-1 Through SMS: Finance Ministry

SME STREET- June 28, 2020

With the facility of SMS getting activated, now taxpayers with NIL liability need not log on to the GST Portal and may file their NIL ... Read More

Rs 79,000 Cr Loans Approved to Revive MSME’s Economy Post-Lockdown
LimeLight

Rs 79,000 Cr Loans Approved to Revive MSME’s Economy Post-Lockdown

SME STREET- June 24, 2020

The top lenders, under Atmanirbhar Bharat and other Govt schemes, are SBI, HDFC Bank, Bank of Baroda, PNB and Canara Bank. The loans had helped ... Read More

Over Rs 21 Thousand Cr Disbursed By Banks to MSMEs: FM Sitharaman
LimeLight

Over Rs 21 Thousand Cr Disbursed By Banks to MSMEs: FM Sitharaman

SMEStreet Desk- June 20, 2020

As of June 18, 2020, public sector banks have sanctioned loans worth Rs 40,416 crore under the 100 per cent Emergency Credit Line Guarantee Scheme, ... Read More

SBI Leads Emergency Credit Line Guarantee Scheme in the race of MSME Lending
LimeLight, Banking & Finance

SBI Leads Emergency Credit Line Guarantee Scheme in the race of MSME Lending

SME STREET- June 11, 2020

The bank has cumulatively disbursed loans to the tune of Rs 7,516.64 crore to 66,335 corporate accounts across the country upto June 9. The loans ... Read More

Finance Ministry Likely to Decriminalize Host of Minor Offences Under 19 Legislations
Banking & Finance, Finance

Finance Ministry Likely to Decriminalize Host of Minor Offences Under 19 Legislations

SMEStreet Desk- June 11, 2020

"Actions taken for decriminalisation of minor offences are expected to go a long way in improving ease of doing business and helping unclog the court ... Read More

Finance Ministry: There will be No New Scheme for Next One Year
News, COVID-19

Finance Ministry: There will be No New Scheme for Next One Year

SME STREET- June 5, 2020

As per the latest order by the Department of Expenditure (DoE), all Central ministries & departments are prohibited from launching new schemes except those under ... Read More